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Supervisory Board: focus on long-term value creation

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Board & Governance

Author: Prof. Dr. Mijntje Lückerath

Published:
December 31, 2020
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The 2020 National Survey of Supervisory Board Members (Nationaal Commissarissen Onderzoek) shows that everyone is aware of the need for long-term value creation, but that there is no consensus yet on what this should look like in practice.

There are differences between the private and public sectors, as well as differences within these sectors. In addition, there is still a lot of uncertainty about the measurability and verifiability of long-term value creation. What has become clear, is that Supervisory Board Members believe that more time and energy should be dedicated to the social aspect of long-term value creation.

Besides the annual questions about general Supervisory Board Membership, the 2020 National Survey of Supervisory Board Members specifically focused on the views of Supervisory Board Members regarding long-term value creation. A total of 250 Supervisory Board Members and Regulators at listed companies, family businesses, care institutions, housing corporations, etc. participated in the survey, which yielded 180 useful responses. As in previous years, the survey was conducted by Prof. Mijntje Lückerath-Rovers (TIAS Business School/Tilburg University) and Prof. Auke de Bos RA (Erasmus University Rotterdam).

The National Survey of Supervisory Board Members was conducted for the 11th time in 2020. The survey has resulted in several publications over the past few years. As such, it provides a valuable contribution to the debate around governance and control in various sectors. The participation of Supervisory Board Members and Regulators from various sectors, including listed companies, family businesses, care institutions, housing corporations, etc. increases our knowledge of the way supervision is carried out.

Prof. Dr. Mijntje Lückerath

Full professor

Prof. Dr. Mijntje Lückerath is a professor of Corporate Governance. Her research focuses on the role of the Supervisory Board and the Executive Board and corporate governance, particularly with regard to long-term value creation and boardroom dynamics (including our biases, independence, evaluation, transparency, and diversity). 

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